ECB Rate Rises Will Be More Gradual Than Fed’s, Says Draghi
KYIV (Reuters) – The European Central Bank will inevitably raise interest rates more slowly than the U.S. Federal Reserve given…
2022
Putin Says Government Must Support Domestic Car Industry
LONDON (Reuters) -Russian President Vladimir Putin ordered his government on Thursday to come up with new measures to support the…
Meta, Google, Twitter Vow To Fight Fake News Better As EU Gets Tougher
By Foo Yun Chee BRUSSELS (Reuters) -Meta, Alphabet unit Google, Twitter and Microsoft agreed on Thursday to take a tougher…
Shares Resume Slide On Growth Fears As Swiss, UK Hike Rates
By Koh Gui Qing and Danilo Masoni NEW YORK (Reuters) -World stocks resumed their slide on Thursday and government bonds…
Firm behind popular US dollar stablecoin to launch Euro Coin
NEW YORK (AP) — Cryptocurrency company Circle said Thursday that it will start issuing its first euro-denominated cryptocurrency, a stablecoin…
Ferrari Says Going Electric Means ‘even More Unique’ Cars
By Giulio Piovaccari and Nick Carey MARANELLO, Italy (Reuters) -Electric and hybrid models should make up 80% of Ferrari’s sales…
WTO talks down to the wire with no major deals yet in sight
GENEVA (AP) — Talks went down to the wire Thursday as the World Trade Organization was set to wrap up…
Fed Cred and the 24 Hour Rule
Market participants breathlessly awaited the latest Fed Decision. A white-hot CPI report last Friday had markets abuzz. Would Powell &…
Wall Street Slammed As Recession Worries Mount
By Shreyashi Sanyal and Sruthi Shankar (Reuters) – U.S. stock indexes tumbled on Thursday, with growth shares bearing the brunt…
Ferrari to make 80% hybrid and full-electric range by 2030
MILAN (AP) — Italian luxury sportscar maker Ferrari on Thursday outlined an electrification strategy that calls for 40% full-electric vehicles…